Air Products & Chemicals APD underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 3 | 0 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 2 | 2 | 3 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $257.86, a high estimate of $295.00, and a low estimate of $240.00. This current average has decreased by 13.03% from the previous average price target of $296.50.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Air Products & Chemicals by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Steve Byrne | B of A Securities | Announces | Buy | $264.00 | - |
Joshua Spector | UBS | Lowers | Neutral | $241.00 | $328.00 |
Vincent Andrews | Morgan Stanley | Lowers | Equal-Weight | $240.00 | $285.00 |
Christopher Parkinson | Mizuho | Lowers | Buy | $295.00 | $304.00 |
Jeffrey Zekauskas | JP Morgan | Lowers | Overweight | $270.00 | $295.00 |
John McNulty | BMO Capital | Lowers | Outperform | $250.00 | $307.00 |
Michael Leithead | Barclays | Lowers | Equal-Weight | $245.00 | $260.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Air Products & Chemicals. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Air Products & Chemicals compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Air Products & Chemicals's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Air Products & Chemicals's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Air Products & Chemicals analyst ratings.
Get to Know Air Products & Chemicals Better
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.
Financial Milestones: Air Products & Chemicals's Journey
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Air Products & Chemicals's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -5.58%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Net Margin: Air Products & Chemicals's net margin is impressive, surpassing industry averages. With a net margin of 20.33%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Air Products & Chemicals's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.18%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Air Products & Chemicals's ROA excels beyond industry benchmarks, reaching 1.84%. This signifies efficient management of assets and strong financial health.
Debt Management: Air Products & Chemicals's debt-to-equity ratio is below the industry average at 0.86, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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